High School of Glasgow

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Business Studies

About

Mr Tony Jensen (Head of Department)
Mrs Lin Milne

The Business Studies Department aims to provide a quality Business Education in a happy and positive learning environment. Students will gain a valuable insight into the business and economic environment and be aware of corporate and social responsibility.

The department is housed in two large classrooms each equipped with 10 multimedia PCs with access to the internet and a laser printer. The department also houses an extensive library of economic and business management textbooks and journal publications. Students are actively encouraged to use these books and may borrow them for home use. In addition, both classrooms have television and a video library available for classroom use.

The department is also committed to an extensive extra-curricular provision for our students. Young Enterprise is very popular with the S5 and S6 students and each teacher acts as a Link Teacher within the movement. For the past eight years, we have been successful in the Glasgow Area Board and have won prizes for stall design, marketing, presentations and company reports. Senior students also participate in national competitions including the Bank of England’s Target 2.0% and the Institute of Financial Services’ ProShare Challenge. In 2005, a team of Advanced Higher Economics students reached the National Final of the ProShare Challenge.

Intermediate 2

This Course is designed to promote an understanding of the economic environment. Business. The provision offers opportunities for students to develop the crucial skills and knowledge which allow them to access, understand and contribute to the dynamic and complex economic and information environment. Whatever the career pathway or progression route, business education can provide a valuable context which enhances individual effectiveness.

All societies, organisations and individuals face the basic economic problem of allocating scarce resources. Our resources are limited but our wants are unlimited.Economics is, therefore, concerned with decisions made by individuals, businesses, government and other organisations, and the environment in which they operate.The coursewill build on students’ own experiences as consumers and, in addition, help them to interpret economic events through the application of basic economic principles and ideas. In the last year we have discussed the rise in prices of oil, food and gold. The country of Liberia has chosen to eat spaghetti instead of rice because rice is too expansive.The Course will help candidates to think logically, and to consider the reasons for and the effects of economic events and economic policies.


Students will, therefore, gain an appreciation of the many decisions which affect the working of markets and influence the living conditions in Scotland and the United Kingdom. They will also develop an awareness of the importance of the international dimension, for example, the European Union, in influencing the UK economy. As a result, the Course will enable candidates to become better-informed citizens, producers and consumers, who will be able to make a greater contribution to society.


The study of economics at Intermediate 2 looks at both the world of business and the economic environment in which business is set. It will provide a good basis for further study in general areas such as business, social studies and management, and for professional qualifications in areas like financial services and accounting. It will also be of benefit for anyone contemplating a career in central or local government, commerce or industry.


THE COURSE IS COMPOSED OF 3 UNITS

Microeconomics
  • The basic economic problem
  • Demand
  • Supply
  • Costs
  • Markets
The UK economy
  • National income
  • Inflation
  • Unemployment
  • Economic activity of the government
The international economy
  • International trade and payment
  • The international economic environment


Specimen Question Paper for Intermediate 2 NQ Economics

Higher


This Course is designed to promote an understanding of the economic environment. Business and enterprise are at the heart of national growth and development and this is reflected in the important place that business education assumes in the curriculum. The provision offers opportunities for candidates to develop the crucial skills and knowledge which allow them to access, understand and contribute to the dynamic and complex business and information environment. Whatever the career pathway or progression route, business education can provide a valuable context which enhances individual effectiveness.

All societies, organisations and individuals face the basic economic problem of allocating scarce resources among competing uses. Economics is the social science which provides the knowledge base and the range of skills which promote an understanding of the economic dimension of life which revolves around the production and consumption of goods and services. Economics is, therefore, concerned with decisions made by individuals, businesses, government and other organisations, and the environment in which they operate. The Higher Course in Economics is concerned with the ways in which such choices about the use of resources are made and the implications which these choices have for individuals, organisations and society as a whole. It helps develop skills in interpreting, analyzing and evaluating the processes of economic change and development in contemporary society, through the application of economic principles and ideas. The methodology of the subject encourages candidates to think logically using deductive and inductive reasoning, to assess and evaluate various types of data and to weigh up the benefits and costs of alternative courses of action.

As a result, candidates will gain a critical understanding of the many public and private decisions which affect the working of markets and influence the living conditions in Scotland, the United Kingdom, the European Union and the wider world today. It will also enable individuals to become better-informed citizens, producers and consumers who, as a result, will be able to make a greater contribution to society.
The study of economics at Higher level, which looks at both the world of business and the social environment, will provide a good basis for further study in general areas such as business, social studies and management, and for professional qualifications in law, accountancy, etc. It will also be of benefit to anyone contemplating a career in central or local government, commerce or industry.


THE COURSE IS COMPOSED OF 3 UNITS

Microeconomics

  • The basic economic problem
  • Demand
  • Supply
  • The operation of markets
  • Market intervention

The UK economy

  • National income
  • Inflation and employment
  • The role of government in the economy
  • Government economic policies

The international economy

  • International trade and payments
  • The international economic environment


Advanced Higher


This Course is designed to promote an understanding of the economic environment. Business and enterprise are at the heart of national growth and development and this is reflected in the important place that business education assumes in the curriculum. The provision offers opportunities for individuals to develop the crucial skills and knowledge which allow them to access, understand and contribute to the dynamic and complex business and information environment. Whatever the career pathway or progression route, business education can provide a valuable context which enhances individual effectiveness.

All societies, organisations and individuals face the basic economic problem of allocating scarce resources among competing uses. Economics is the social science which provides the knowledge base and the range of skills which promote an understanding of the economic dimension of life which revolves around the production and consumption of goods and services. Economics is therefore concerned with decisions made by individuals, businesses, government and other organisations, and the environment in which they operate. The Advanced Higher in Economics is concerned with the application of economic concepts to the ways in which choices about the use of resources are made. It concentrates particularly on the analysis and evaluation of current economic issues and the implications which these have for individuals, organisations and society as a whole. It develops skills in interpreting, analysing and evaluating the processes of economic change and development in contemporary society. The methodology of the subject encourages candidates to use the processes of deductive and inductive reasoning to assess and evaluate various types of data and to weigh up the benefits and costs of alternative courses of action. The Course will enable candidates to appreciate that economic problems can be considered from a number of different perspectives. Hence, at this level, candidates are encouraged to think independently and to take greater responsibility for their own learning.

As a result, students will develop an ability to analyse critically the many public and private decisions which affect the working of markets and influence the living conditions in Scotland, the United Kingdom, the European Union and the wider world today. It will also enable them to develop further as informed citizens, producers and consumers, able to contribute to the society in which they live.

The study of Economics at Advanced Higher level will provide a strong foundation for those wishing to undertake further study in Economics. It will also be beneficial to those intending to progress into Courses in areas such as business, social studies and management, and into professional qualifications in law, accountancy, etc. It will also be of benefit for anyone contemplating a career in central or local government, commerce or industry.


THE COURSE IS COMPOSED OF 3 UNITS

Microeconomics
  • Perfect competition
  • Monopoly
  • Monopolistic competition
  • Oligopoly
  • Externalities
  • Government reponse to externalities
Economic issues and policies
  • UK current economic issues
  • International policy issues
Economic Research
  • Dissertation

 

 

1998 Neil Stevenson
1999 Laura Hannay
2000 Duncan Gray
2001 Heather Neil
2002 Navjot Dhami
2003 Nicole MacBean
2004 Emma Hutcheson
2005 Ciaran Woods
2006 Kate Gibson
2007 Gavin O'Leary


Higher Specimen Question Paper for NQ Economic

  

Advanced Higher Specimen Question Paper for NQ Economics

 






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